RMD Rules for Inherited IRAs

Required minimum distribution (RMD) rules are complicated. One set of rules affects those who accumulated an IRA, 401(k) or other retirement account. Another set of rules — well, two sets of rules, actually — affect those who inherit those same retirement accounts after the owner’s death. Did we say two sets of rules? Maybe there are three. Or more. This week we explain some of the intricacies of RMD rules for inherited IRAs. Our bottom-line advice: talk with a qualified authority (and that might not be the IRA custodian) about your particular situation.